On May 8, 2007, at 7:20 PM, Dennis Redmond wrote:
> Hmm, I was trolling for stats the other day, and if memory serves
> aright,
> Russian investment is up from 11% GDP in 2000 to 19% today.
It looks like the 1990s saw the Yeltsin collapse, which has been enormously aided by the strength in oil since 1998 (which was the year of the Russian crisis, right?).
Here's what the World Bank says:
Gross fixed capital formation (% of GDP) 1990 32 1991 29 1992 23 1993 24 1994 20 1995 22 1996 21 1997 20 1998 18 1999 16 2000 14 2001 17 2002 19 2003 18 2004 18 2005 18 2006 18
Here's the oil price for comparison (WTI, US$/barrel):
1990 23.73 1991 20.00 1992 19.32 1993 16.97 1994 15.82 1995 17.02 1996 20.67 1997 19.09 1998 12.72 1999 17.97 2000 28.50 2001 24.44 2002 25.02 2003 28.83 2004 41.44 2005 56.53 2006 66.00